PPP Loan information for Knight carbide

$568,700

Knight carbide was initially approved for PPP Loan of amount $568,700, the current approved amount is $568,700. The loan was approved on 04/14/2020 by The Independent Bank reported 36 jobs and $568,700 was used to fund payroll.

Knight carbide is Existing or more than 2 years old

KNIGHT CARBIDE

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KNIGHT CARBIDE

Borrower Address

48665 STRUCTURAL DR

Borrower City

CHESTERFIELD

Borrower State

MI

Borrower Zip

48051-2666

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

568700.00

Current Approval Amount

568700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTERFIELD

Project County Name

MACOMB

Project State

MI

Project Zip

48051-2666

CD

MI-09

Jobs Reported

36

NAICS Code

336999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18776.00

Payroll Proceed

520406.00

Mortgage Interest Proceed

5518.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

561975.67

Forgiveness Date

11/17/2020

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